Can someone explain how this works? Montclair wants to take EQU private by buying up all the shares of this company of very localized holding. I suppose they have to buy the ownership from the owners, and many of us may not want to sell it. If the majority of ownership wants to sell, maybe that becomes a decision the rest have to submit to? If Montclair becomes the majority owner, in any vote, their decisions about the company would be voted in. So can they say anything they want about the value of the shares still held by rest (of course this would make us jump at the offer of a good value for the shares). Also in figuring a value for the shares, how do you calculate the value of the loss of dividend income? I know of present value formulas, but seems you'd have to insert a time value, or a number of dividends figure. I don't understand also why they deal with the CEO and BOD in this matter since those own small percentages of the company. But it does make interesting times.